Certified by DFI
$250 / Finance Available
This 4-week course provides an introduction to consumer protection in digital financial services, and how embracing consumer rights is great for business.
Consumer protection rights and laws are often a secondary consideration for many digital financial services companies. However, when implemented correctly, they will help digital financial services businesses achieve their strategy goals.
As the industry is growing, many new consumers are entering the market. This growth is the greatest opportunity yet to achieve global financial inclusion, especially since many of the consumers entering the market did not previously have access to any financial services. This also presents a significant challenge to the industry, as only about 30% of registered accounts are active globally.
This new consumer base is vulnerable and needs to feel like they are in control in order to build up trust in these new and complicated financial services and to feel safe enough to become more active. Consumer protection principles and guidelines offer the necessary tools to make consumers feel protected and to increase their activity rates, which will support the growth of more digital financial services businesses.
Why do I need a Consumer Protection Course?
If you’re working in digital money or digital finance as a business manager or a risk professional, and you want to develop a better understanding of how to incorporate consumer protection rights into your business strategy, our Consumer Protection Strategy course is for you. Consumer protection professionals who want to learn how to better work with digital financial services providers will also find a lot of value in this course.
Students will leave the course with a deep understanding of what consumer protection in digital financial services looks like, what the key implementation challenges are and how it links to and supports digital finance business strategies.
Dr Ignacio Mas
Digital Frontiers Institue
Digital Money Expert Partner